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288 Ahwahnee Ln

Updated Dec 21, 2023

Gerber Group Acquires SFR In Lake Forest For $837K
SOLD

Gerber Group Acquires SFR In Lake Forest For $837K

288 Ahwahnee Ln

Building Size

Asset Type

Closing

Aug 29, 2022

About this deal

AI

The recently closed property transaction in Lake Forest involved a single-family residence located at 288 Ahwahnee Ln. The property spans 3,096 square feet and was sold for a total price of $837,000, resulting in a price per square foot of $270.

Summary of Transaction Details

  • Property Type: SFR
  • Transaction Amount: $837,000
  • Address: 288 Ahwahnee Ln
  • Market: Lake Forest

The buyer's representative in this transaction was Joe Gerber from Gerber Group at Engel & Völkers Chicago North Shore. On the other hand, the seller was represented by Allison Silver from Compass.

Players

Lake Forest CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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